Facebook could owe $5 billion in taxes
The social network is in a testy fight with the US Internal Revenue Service.
The social network is in a testy fight with the US Internal Revenue Service.
COMMENT: The IRD website is user friendly and tax refunds are low-hanging fruit.
Those hoping to make a big profit on land earmarked for intensification under the Unitary Plan may be stung by a rarely used tax law.
Thinking of renting out that spare room via AirBnB to earn a bit of spare cash? You might want to check with your insurer first.
The amount of Kiwi dollars being pumped into responsible investments has grown 28 per cent in the last year to a record $78.7 billion.
A study ranking New Zealand the lowest for property purchase tax highlights a missed opportunity to make housing more affordable and boost supply.
COMMENT: Technology does so much to improve lives and makes products and services accessible and affordable.
A former $17/hour Auckland storeman who started out with only $4000 cash wants to help you become a multimillionaire.
Bay of Plenty first home buyers are being pushed out of the new house market. But why?
COMMENT: Artificial intelligence and big data tipped to wreak havoc on traditional models.
Rents are rising fast in regions around Auckland, adding more fuel to the theory that the city's overheated property market is affecting other parts of the country.
Super City property buyers snaffle almost 20 per cent of June home sales in Hamilton and hit Tauranga and Whangarei markets.
COMMENT: Investors have become scapegoats to divert attention from a council that is expensive to do business with and has lacked proactive policies.
Gareth Morgan has renewed calls for tax reforms after backing comments by businessman Stephen Jennings that the tax rules "favour the old and rich".
COMMENT: HomeStart grant, which can provide a boost of $3000-$20,000 depending on your circumstances, has different hurdles to the KiwiSaver withdrawal.
COMMENT: Knowing the difference between wants and needs among nuggets of advice.
IRD says a 10-year project to overhaul IT infrastructure and introduce new processes is tracking below budget.
COMMENT: It's as though a bee smoker has been pointed at Wellington's most famous hive and its inhabitants have become dopey.
High profile companies and boards have lobbied for decades for favourable tax benefits, now it's hurting the poor and could destroy capitalism altogether.
Andy Macleod, the chief executive of the Chinese-owned Pengxin New Zealand Farm Group, has resigned.
COMMENT: Politics is set to dominate headlines as the countdown begins to the big one, the US Presidential Election.
COMMENT: KiwiSaver can be accessed for buying a first home, but one of the eligibility criteria is that the house or land must be in New Zealand.
COMMENT: Potential calamities like Brexit are said to occur every eight years.
COMMENT: Just like Australia, New Zealand has rampant property prices, and our tax system allows negative gearing.
A vandalised, abandoned $6 million-plus Auckland mansion nicknamed "Circus McGurkus" is coming down.
Under growing pressure to control the housing market, John Key said that the Reserve Bank should consider targeting investors with tougher lending rules.
Properties linked to the Masala restaurant empire, restrained under the country's biggest ever asset seizure, have been pulled from mortgagee sale.
Some travel insurance can cover you for events that occur before the trip, but not if you leave it too late.